Once the choice of the product is made, selection of the right process technology becomes important. The process technology required may be:-
Indigenously developed:- In India, technologies are being developed at CSIR and Defence Research Labs. There are some intermediaries like APCTT (Asian and Pacific Centre for Transfer of Technology), TBSE( Technology Bureau for Small Enterprises) which can help you to locate the relevant technologies. Besides there are some In-house R & D centres of companies which develop technologies and sell them to interested parties. Indigenously developed process know-how has intrinsic benefits like appropriateness, relative inexpensiveness and possibility to work with technology developer.
Imported:- For some complex products, process know-how has to be imported. In such cases agreements for technology transfer should be made with due care in order to safeguard nation's interest. Government of India facilitates foreign technology induction both through FDI and through foreign technology collaboration agreements. FDI and Foreign technology collaboration agreements can be approved either through the automatic route under the powers delegated to the Reserve Bank of India or otherwise by the Government.
While choosing the process technology, the following considerations are essential:-
The level of skilled workers or complex machines required by the process.
The quantity of water and / or power required.
If any process or product patent is needed in order to utilize the selected process technology.
Any special Pollution or Environmental regulation is to be followed.
The appropriateness of the technology to the Indian environment and conditions.
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